Core Viewpoint - Baoye Group (02355) reported a significant decline in revenue and profit for the six months ending June 30, 2025, primarily due to a downturn in the real estate investment market and increased competition in the construction industry [1] Financial Performance - The company achieved a revenue of RMB 8.503 billion, representing a year-on-year decrease of 33.42% [1] - Profit attributable to owners was RMB 141 million, down 62.29% compared to the previous year [1] - Basic earnings per share were RMB 0.27 [1] Construction Business - The construction segment generated revenue of approximately RMB 5.657 billion, a decline of about 34% year-on-year [1] - Operating profit for the construction business was approximately RMB 167 million, a significant drop of about 49% from the previous year [1] - The decline in revenue and operating profit in the construction segment is attributed to the ongoing decrease in real estate investment, leading to a sharp market contraction and intensified industry competition [1]
宝业集团发布中期业绩 股东应占盈利1.41亿元 同比减少62.29%